3min chapter

The Analytics Power Hour cover image

#201: Getting to Clarity About (Statistical) Uncertainty with Dr. Rebecca Goldin

The Analytics Power Hour

CHAPTER

Using the Red and Blue Balls of in an Urn

If i'm talking to a marketer and saying, imagine that urn is, we don't know how many. balls are in it, and we just know we're ging to be able to pull ten balls out of it. That's what's happening when you are looking at the data for your web site. And there their population is really the future visitors to the website. It's not like you can say, while you've got this sample that was a specific ficd thing you sampled from, and now youre ging to make an inference about the larger population.

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode